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:: Saturday, October 18, 2003 ::
Daschle, labor nix U.S. asbestos fund proposal By Susan Cornwell (Reuters)
Democrats and labor said on Friday that a proposed $114 billion fund for asbestos victims was too small and had no chance in the Senate, darkening prospects for an asbestos deal passing Congress this year.
'It won't be passed if this is the final offer,' Senate Democratic Leader Tom Daschle said of the asbestos fund agreed to by insurers and asbestos companies and announced earlier this week by Senate Republican Leader Bill Frist.------------------------------------------- posted 7:50 AM :: reference link ::
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